MULTILATERAL NET SETTLEMENT POSITION


Meaning of MULTILATERAL NET SETTLEMENT POSITION in English

The sum of the value of all the transfers a participant in a net settlement system has received during a certain period of time less the value of the transfers made by the participant to all other participants. If the sum is positive, the participant is in a multilateral net credit position; if the sum is negative, the participant is in a multilateral net debit position.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.